Property Valuation
In New Mexico, the 'before and after' method for valuing a partial taking by eminent domain establishes compensation as:
AThe value of the portion taken
BThe difference between the market value of the whole property before the taking and the value of the remainder after the taking✓ Correct
CThe replacement cost of the improvements taken
DThe cost to move improvements off the taken area
Explanation
The before-and-after method calculates just compensation as the reduction in the whole property's market value caused by the partial taking: (value before taking) minus (value of remainder after taking).
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